Best Travelers Insurance | Most Recommended Plans & Companies 2025

Getting to know people in the travel world, there’s one thing that truly separates newer travelers from experienced travelers: how they use travel insurance. Why risk it? Why spend all that money on plane tickets, lodging, dinner reservations and not have a back up plan in case things don’t work out?

Travel insurance is a great travel tool – just like a travel credit card – to help make your travel experience less stressful. With travel insurance, you can relax knowing you’re covered if anything goes wrong.

If you aren’t sure which company or plan to go with, keep reading for my recommendations on the best travelers insurance out there!

This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. See below for full disclosures.

Want to earn free travel? Learn more about one of my favorite credit cards to get started!

When should you get travel insurance?

I recommend you purchase travel insurance any time you go on a trip. 99% of the time, your trip goes off without a hitch. But for that 1% when things don’t go as planned, the best travelers insurance is one that can save you a ton of money in lost travel costs and help replace your belongings.

I am a firm believer in travel insurance. You don’t know you need it until you need it! Why spend thousands of dollars on a trip and then, at the last minute, get sick and can’t go? Or, your flights are delayed, and you miss your deadline to get on the ship or start your expensive Safari? Travel insurance is a must!

I’m also a firm believer in medical evacuation insurance, which I’ve included in my recommendations below. Again, you don’t know you need it until you need it – and then it’s too late.

How does travel insurance work?

Travel insurance works the same way car, renters, or homeowners insurance does: you (the customer) pay an insurance company a fee to cover you financially in case of lost luggage, missed travel, or even injury.

Depending on your trip, travel insurance will typically cost 3%—5% of the total cost, which should include travel costs, lodging, events while traveling, and anything you’ll be packing in your luggage.

Typically, the insurance provider will pay out 100% of coverage for “covered” reasons. These typically include illness, family emergency, weather, financial issues, legal issues, and death. Read the fine print on any plan you’re considering to make sure it has the coverage you need.

For uncovered reasons, insurance will typically pay out 50% – 75% of the total loss.

Different Types of Travel Insurance

Different types of travel insurance allow you to get coverage for a myriad of different reasons and instances. A “comprehensive” travel insurance policy will usually have one or more of the types of coverage listed below:

Trip Cancellation Insurance

This is the most common type of travel insurance. Essentially, it covers you for all pre-paid costs you incurred should you need to cancel your trip for any covered reason. Below are some common reasons:

  • Illness
  • Injury that makes you unfit to travel
  • Hospitalization or death of a non-traveling family member
  • Weather issues
  • Unforeseen natural disaster at home or the destination
  • Legal obligations like jury duty

Travel Medical Insurance

This type of insurance provides coverage in case you get sick or injured while traveling. In this case, the insurer will give you short-term medical coverage for any costs you might incur while on your trip.

You’ll need to specify where you’re going and how long you’ll be gone when you purchase your policy. So, you may not be covered if you change or extend your plans unless you update your policy coverage first.

Your FREE Carry-On Bag Travel Guide

Pack smarter and more efficiently with this FREE carry-on bag travel guide. Learn how to pack essentials, keep electronics safe, and more on your next travel adventure!

Medical Evacuation

This type of medical travel insurance is often used for those traveling to rural, remote, or underdeveloped areas. In cases where modern health facilities aren’t readily available, medical evacuation may be necessary to get appropriate care.

Lost Baggage

Lost baggage insurance covers you in the event you lose your bags while traveling.

Cancel for Any Reason Travel Insurance (CFAR)

While typical trip cancellation insurance has covered and non-covered events, “cancel for any reason” travel insurance covers you no matter what. This type of policy will typically reimburse you a percentage of your trip costs and have a predetermined window by which you have to cancel to receive the coverage.

CFAR travel insurance is often purchased in addition to typical trip cancellation insurance.

Accidental Death and Dismemberment

Similar to life insurance, this type of policy would reimburse family members and/or victims in the event of a loss of limb, extremity, or eyesight.

Use your phone data while you travel without racking up a high phone bill. Click the link to learn more and get a 5% discount on your purchase!

The Most Recommended Travel Insurance for 2025

When deciding which insurance provider to use, it’s important to know coverage, policy terms, and carriers. Ultimately, the decision comes down to which terms most align with your needs.

The Abundant Traveler’s Recommended Travel Insurance

NerdWallet’s Best Travel Insurance for 2025

NerdWallet is a trusted name when it comes to anything related to personal finances. They break down their list of recommended insurance carriers and policies based on specific situations. 

  • Best overall: Berkshire Hathaway Travel Protection
  • Best for emergency medical coverage: Allianz Global Assistance
  • Best for travelers with pre-existing medical conditions: Travel Guard by AIG
  • Best for those who pack expensive equipment: Travel Insured International
  • Best for adventurous travelers: World Nomads
  • Best for medical coverage: Travelex Insurance Services
  • Best if you have travel credit card coverage: Seven Corners
  • Best for long-term travelers: IMG
  • Best for travelers with unpredictable work demands: Tin Leg
  • Best for booking travel with points and miles: TravelSafe
  • Best for group travel insurance: HTH Insurance

See their reviews here.

U.S. News & World Report’s Best Travelers Insurance Providers 2025

Instead of recommending specific policies, U.S. News recommends insurance providers as a whole. However, it still breaks down its recommendations based on specific types of travel insurance. 

  • Best Overall: Travelex Insurance Services 
  • Best for Last-Minute Travel: Nationwide Insurance 
  • Best for 24/7 Support When Traveling: Seven Corners 
  • Best for Specialized Coverage: Berkshire Hathaway Travel Protection 
  • Best for Preexisting Conditions: Tin Leg 
  • Best for Lost or Stolen Baggage: WorldTrips 
  • Best Cancel for Any Reason Upgrade: Allianz Travel Insurance 
  • Best Customer Service: Travel Insured International

See their reviews here.

Are you loving The Abundant Traveler® content? Please support it!

If you’re loving what you’re seeing and learning, please consider supporting with a donation so I can continue providing this free for travelers like you. It could be as little as a cup of coffee or an Aperol spritz. I appreciate your support!

Business Insider’s Ultimate Guide to Choosing Travel Insurance

According to their website, Business Insider chose these recommendations based on “coverage options, customizability, and the best companies for specific situations, such as pre-existing conditions.”

  • Best Overall: Nationwide Travel Insurance
  • Runner-Up: AXA Assistance USA
  • Best for Cruises: Travel Guard
  • Best Reputation: C&F Travel Insured
  • Best for Preexisting Conditions: Tin Leg Travel Insurance
  • Best for Digital Nomads: WorldTrips Travel Insurance
  • Best Low-Cost Option: Trawick International Travel Insurance
  • Best for Adventure Sports: World Nomads Travel Insurance

See their reviews here.

Most Recommended Travel Insurance Coverage Options

Now that we’ve seen what some of the most reputable experts out there recommend, let’s pull it all together and look at the best travel insurance plans.

Best Travelers Insurance Companies by Category

When choosing a travel insurance company, I prioritize three things: ease of use, cost, and coverage. Travelex hits all of those criteria and is my go-to travel insurance provider for my vacations.

Their comprehensive plans cover anything and everything that you could want: trip cancellation, trip interruption, baggage delays, emergency medical coverage, and even dependent coverage.

With three core coverage options, you can rest easy that your travel plans will be covered no matter what.

I love MedJet because it covers you in case the absolute worst thing happens. While I certainly hope to never need it, I never travel without it.

They have comprehensive coverage around the world, including 50 dispatch locations around the world, 250 air ambulances, and a full 24/7 operating schedule. They are staffed with highly trained medical experts with transports in 6 of 7 continents (everywhere but Antarctica). 

MedJet operates differently than other medical plans in that it offers an ongoing membership plan that covers you at any time, no matter where you are. This is why I think it’s one of the best travel medical insurance plans out there.

I could write more, but I think this quote from their site illustrates the true value of MedJet: “When we got to [the home hospital], I was already scheduled with the hospital’s top surgeon. A nurse asked if I was famous. I told her I was just a guy who had MedjetAssist.”

Daily Drop is my favorite newsletter that teaches you how to make the most of your points and miles in under 5 minutes a day. Learn how to earn and redeem miles and points, find cheap fares, and more!

When it comes to travel insurance, we all know that it’s not just about finding the cheapest plan—it’s about finding one that offers peace of mind, comprehensive coverage, and reliable service. 

One of the standout features of Tin Leg’s plans is their comprehensive coverage, which includes protection for the most common travel disruptions — things like cancellations, delays, medical emergencies, and even baggage loss. In fact, many of their policies offer over $100,000 in emergency medical coverage, which is crucial, especially if you’re traveling abroad, where medical expenses can skyrocket.

If you’re just getting started in the travel world, you’ll want a provider that offers great flexibility in plans and coverage and a super-easy purchasing process.

Nationwide is one of the biggest insurers in the U.S., and their travel insurance covers you for any kind of trip, including cruises, one-off vacations, and multi-trip plans.

They are a comprehensive travel insurance provider, so you will get coverage for all sorts of events, such as trip cancellation, trip interruption, trip delay, lost bags, medical events, medical evacuation, terrorism, emergency dental, and rental car damage. 

Get Peace of Mind with the Best Travelers Insurance for You

So, what travel insurance is best for you? Hopefully, my recommendations and reviews have made the selection process easier for you. In addition to the companies I mentioned above, I also really like World Nomads and Travel Insurance Master. They offer great comprehensive plans and are flexible based on the type of trip you’re taking and how long you’ll be gone.

If you take away nothing else, please know that travel insurance is definitely worth the price! The world is unpredictable, and while a vacation should be fun and carefree, things happen. Travel insurance is your best bet to make sure those unfortunate scenarios don’t do lasting damage to your finances, health, or personal belongings. 

Do you have a favorite travel insurance plan? Let me know in the comments below!

Want to read this post later? Save it on Pinterest!

User-Generated Content (UGC) Disclosure: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

Leave a Comment

Your email address will not be published. Required fields are marked *

Disclaimer: Some of the links on this page are affiliate links, which means that, at no extra cost to you, The Abundant Traveler may earn a small commission. Using these links is a huge way to support me, and these will help keep the blog running and free for everyone to enjoy.

All my reviews and opinions are based on my own experience, which may not be the same for everyone. If you choose to use them, then thank you for your support.

Advertiser Disclosure: The Abundant Traveler is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as DailyDrop.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved, or otherwise endorsed by any of the entities included within the post.

Scroll to Top